Think Thursday

Ranora Daily - Your daily source for reliable market analysis and news.

Data

Local

Global

*Data as of 4pm WAT

---

News

Local

• FG begins duty-free import of food items

• 63 illegal refineries seized in one week – NNPC

• Nigeria’s Inflation Rate Drops To 33.30% In July — NBS

• Nigeria, Equatorial Guinea Sign Agreement On Gulf Of Guinea Gas Pipeline

• United Capital supports first $1.4m corporate bond in S’Leone

Global

• US import prices edge up in July

• Margin trading in Japanese stocks sharply shrinks after market rout

• Yields jump after data shows economy remains strong

• UK economy expands 0.6% in second quarter; June growth stalls

• European markets higher as investors digest UK growth, cooler-than-expected U.S. inflation

---

Events

---

Investment Tip of The Day

Consider using sector-specific ETFs (Exchange-Traded Funds) to gain targeted exposure to industries that align with current economic trends or your investment strategy. Sector ETFs allow you to invest in a broad range of companies within a particular industry, such as technology, healthcare, or energy, without the need to pick individual stocks. This approach provides diversification within the sector while capturing growth opportunities from emerging trends.

---

Disclaimer: The information contained in this report is intended for informational purposes only and should not be considered as investment advice. The information is obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.

---